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Mortgage Guaranty Insurance Corporation v. Federal Housing Finance Administration et al
Case Number:
2:12-cv-00487
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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July 20, 2012
FHFA Says Ill. Court Has No Authority In MGIC Coverage Suit
The Federal Housing Finance Agency said Friday that an Illinois federal court lacks jurisdiction over Mortgage Guaranty Insurance Corp.'s suit against it and Freddie Mac inasmuch as the suit would restrain the agency's functioning as conservator for the government-backed mortgage giant.
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May 17, 2012
Freddie Mac Mortgage Insurance Claims 'Illogical,' MGIC Says
Mortgage Guaranty Insurance Corp. slapped Freddie Mac with a lawsuit Wednesday in Wisconsin federal court, claiming the government-backed housing giant was seeking billions of dollars in mortgage loan insurance through an "entirely illogical" contract interpretation.